Cryptocurrency enthusiasts have been closely following the developments surrounding XRP, and the latest prediction comes from crypto analyst EGRAG CRYPTO on X. In a recent post on September 12, EGRAG CRYPTO expressed his belief in the “incredible potential” of XRP based on historical price data. By analyzing the altcoin chart on Tradingview, he projects a
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The cryptocurrency market has faced significant challenges this year, with institutional investors increasingly pulling out. However, while this trend has affected various assets, Ethereum has been hit particularly hard. The outflows from Ethereum have led to a decline in total assets under management (AuM), highlighting a growing aversion from institutional investors toward the cryptocurrency. Ethereum’s
SingularityNET, founded in 2017 by Dr. Ben Goertzel and Dr. David Hanson, aims to create a decentralized AI marketplace on the Ethereum and Cardano blockchains. This innovative platform provides open access to a wide range of AI algorithms and tools, with the goal of developing artificial general intelligence (AGI). Unlike specialized AI, AGI has the
The Managing Director of crypto exchange Bitget, Gracy Chen, has predicted that crypto know-your-customer (KYC) procedures will become more rigorous in the near future. In an interview with crypto news outlet The Block, Chen suggested that crypto exchange users may soon have to undergo ID verification processes multiple times a year, potentially incorporating biometric data
The cryptocurrency exchange CoinEx recently experienced a security breach, raising concerns about the safety of users’ funds. On September 12, the company detected unusual withdrawals from its hot wallets, which store exchange funds. The incident involved unauthorized transactions of Ethereum (ETH), TRON (TRX), and Polygon (MATIC), with a potential impact on an XRP address. While
Bitcoin has made significant strides over the years, evolving from a niche digital currency to an asset class that has captured the attention of institutions and retail investors alike. One of the most discussed topics in the crypto industry is the approval of a Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission
Ethereum’s native token, Ether (ETH), experienced a significant recovery on September 12th, surging by more than 4.5% to reach a price of $1,622. This rebound came after the cryptocurrency had fallen to its lowest level in six months just the day before. The resurgence in ETH price was largely attributed to the diminishing concerns surrounding
Luna, a subsidiary of Digital Currency Group (DCG), has announced that it will be pausing certain crypto trading services in the U.K. This decision comes in response to new rules set by the U.K.’s Financial Conduct Authority (FCA), which will impose strict restrictions on how cryptocurrency companies can advertise their services. As a result of
Bitcoin, the world’s most valuable cryptocurrency, is currently experiencing a significant decline in price. On September 11, the digital asset reached a low of $24,951, a steep drop from its previous highs in H2 2023. This unexpected dump occurred during the early trading hours of the New York session, causing widespread panic among investors. Bearish
The recent report presented by crypto researcher Kaiko has shed light on a disconcerting fact in the world of cryptocurrency trading – the high concentration of trading liquidity. It reveals that almost 90% of the trading volume is handled by just eight major exchanges. Among these exchanges are the well-known platforms Binance, Coinbase, OKX, and